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Oct 28, 2012
10/12
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FBC
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it will mean fewer jobs, less robust economy. the you think they are talking up the story are too pessimistic , do you think they're right on target? >> well, i would not doubt for their numbers, but i certainly agree with the direction that they're talking about. there is no question that it is not just uncertain. it is the concern that we will have higher taxes and taxes on sectors of the economy that have been important in creating growth. governor romney has talked a lot about small business. i think the president has proposed that, but there is an importantoint there, and that is that if you tax the top earners at 39% your hitting small businesses. when you talk about investment, when you talk about capital gains, you talk about dividends, taxation at ordinary income levels, you're talking about significant impediments to growth. that is how you create jobs in this country. we know it works. there is a historical record on the stuff. this is not just campaign rhetoric. if you look at the literature the studies this, and i lo
it will mean fewer jobs, less robust economy. the you think they are talking up the story are too pessimistic , do you think they're right on target? >> well, i would not doubt for their numbers, but i certainly agree with the direction that they're talking about. there is no question that it is not just uncertain. it is the concern that we will have higher taxes and taxes on sectors of the economy that have been important in creating growth. governor romney has talked a lot about small...
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Oct 30, 2012
10/12
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CSPAN2
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eye 103
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for something very big to move the economy to alter the way the economy produces rewards to that degree. and as i said, i began to try to think this through not to understand this, but understand what happened to job creation, which is also very steady. and to me, there are eerie phenomena, which are big enough. i just have approved this empirically. one is globalization. you do see there is a clear shift in the intensity of globalization from the 1990s to this decade. and you see it in china. china is the leading example. in 1995, chinese exports were about $65 billion. and in 2008 there were 685 billion, something like that, 700, this enormous increase, unprecedented increase. and indeed, in part because of the day btu and it is import because of technology you have this perceptible take all with respect to the relation to the global economy is not just china, but india and parts of latin america and certainly eastern europe. these others follow that the world. >> this to be in proportion of sales derived from overseas. >> yes. so what difference does that make? well, it do me part of
for something very big to move the economy to alter the way the economy produces rewards to that degree. and as i said, i began to try to think this through not to understand this, but understand what happened to job creation, which is also very steady. and to me, there are eerie phenomena, which are big enough. i just have approved this empirically. one is globalization. you do see there is a clear shift in the intensity of globalization from the 1990s to this decade. and you see it in china....
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Oct 30, 2012
10/12
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KCSM
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they will decide soon whether greece has made enough progress on fixing its economy to qualify for the next installment of the international rescue funding. one of the truck up's proposals would call for public-sector bondholders, -- the troika's proposals would call for public- sector bondholders to write off some of the face value of those bonds. in return for relief, greece uld have to carry out additional reforms. wolfgang schaeuble has rejected the idea of public-sector bondholders writing off any of their debt. he also says that a debt buyback proposal that has been floated by the troika might be possible. it greece would borrow money from the esm permanent bailout fund. they would buy back its own debt because greek bonds are cheap right now. greece could buy 15 billion euros worth of debt for just 10 billion. the truck that is due to issue its next report on the current state -- the troika is due to issue its next report on the current state of greece's economy in november. >> i am joined by our correspondent from the frankfurt stock exchange. it looks like a volatile day on th
they will decide soon whether greece has made enough progress on fixing its economy to qualify for the next installment of the international rescue funding. one of the truck up's proposals would call for public-sector bondholders, -- the troika's proposals would call for public- sector bondholders to write off some of the face value of those bonds. in return for relief, greece uld have to carry out additional reforms. wolfgang schaeuble has rejected the idea of public-sector bondholders writing...
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Oct 31, 2012
10/12
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FBC
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it will not affect the ream economy over -- real economy over any long run. lou: our hearts go out to those who suffered so much damage and devastation, and losses. and those who lost loved ones. this is a very tough time, and it is almost impossible to judge what the impact will be, psychically on the nation. and in terms of the politics. give us your best assessment there. >> well, i don't think it will have much of an affect on politics, both candidates handled themselves well. president obama of presidential, and did these duties correctly. i don't think that mitt romney any anything wrong. he was very respectful of the storm and respectful of the people. i think they both handled themselves as well as they could. they did a fine job. lou: latest fox poll, we have candidates tied up. as we are now -- >> it is amazing. lou: approaching 5 days from the election. this is going to -- this is going to turn -- is it? on benghazi? or is it going to turn on jobs in the economy? or a mad mixture there of? >> i hope jobs in the economy. i am terrified about what is
it will not affect the ream economy over -- real economy over any long run. lou: our hearts go out to those who suffered so much damage and devastation, and losses. and those who lost loved ones. this is a very tough time, and it is almost impossible to judge what the impact will be, psychically on the nation. and in terms of the politics. give us your best assessment there. >> well, i don't think it will have much of an affect on politics, both candidates handled themselves well....
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Nov 4, 2012
11/12
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WTTG
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eye 106
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efforts and the marathon, like those in the past, is responsible for bringing in millions to the local economy. friday during the 5:00 news, word came. >>> and to breaking news out of new york city. mayor bloomberg said the new york city marathon will not happen on sunday. >> i couldn't believe it. seemed like the mayor said it was a go. >> he was a maryland runner among the estimated 40,000 runners who expected to take part in the event. harris was planning to run with his buddy steve, who is already in new york all the way from new zealand. steve's blind and running it year after year is extra special. now, it will be a weekend in new york without the big race. >> maybe we'll take some running in central park or do something and try to enjoy, you know, new york city for what it's worth. >> reporter: harris is sympathetic of the criticism and the suffering. the race would have started on staten island where at least 20 people lost their lives. it would have shut down roads and businesses already congested post sandy. as many as 1,000 cops would have been deployed to keep racers safe instead o
efforts and the marathon, like those in the past, is responsible for bringing in millions to the local economy. friday during the 5:00 news, word came. >>> and to breaking news out of new york city. mayor bloomberg said the new york city marathon will not happen on sunday. >> i couldn't believe it. seemed like the mayor said it was a go. >> he was a maryland runner among the estimated 40,000 runners who expected to take part in the event. harris was planning to run with his...
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Nov 2, 2012
11/12
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MSNBC
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he has proven leadership abilities in all sectors of the economy. he has change and experience in all three sectors of the economy. he's proven he can work on a bipartisan basis, and he has experience that i think demonstrates that he is willing to do the right tling thihing e he's a one-term president. our country is in serious trouble right now. >> this is s.e. here. i don't know if you can convince steve that mitt romney is the guy for the job. tell me why maybe president obama is not the right guy for another four years. >> first, i truly believe that both president obama and mitt romney want to do a grand bargain, but i don't think they have the same leadership ability to get it done. i think president obama's biggest problem is he's not led. and when he had the senate, the house and the white house, he spent too much time on the affordable care act. that poisoned washington, because even though a majority of the american people doesn't want the affordable care act, nonetheless the effort was taken to pass it on a straight party line vote. that
he has proven leadership abilities in all sectors of the economy. he has change and experience in all three sectors of the economy. he's proven he can work on a bipartisan basis, and he has experience that i think demonstrates that he is willing to do the right tling thihing e he's a one-term president. our country is in serious trouble right now. >> this is s.e. here. i don't know if you can convince steve that mitt romney is the guy for the job. tell me why maybe president obama is not...
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Nov 4, 2012
11/12
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FOXNEWS
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eye 178
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i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these folks are not republicans and democrats, not government employee, not first responders. they're americans and i thank you. i thank them and i thank you all for watching. thank you for caring. i'm geraldo, good night captioned by closed captioning services inc.
i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these...
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Nov 1, 2012
11/12
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CURRENT
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eye 187
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the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. septic disasters are disgusting and costly, but avoidable. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. >> eliot: the new york city area has been devastated with dozens of deaths and property damage. many are still without power after the storm and may be so for days or weeks. for more on the local response on the tragedy i'm journeyed with carolyn congressman carolyn maloney from one of the most diverse communities in the country in the borough of queens, and you're my congresswoman. i'm a constituent. >> do you have problems? >> eliot: i have many but i won't belabor them. your district goes down manhattan, a big piece that does not have power. any news from con ed, how have they been responding. >> we've been on daily conference calls. they say the power will be repaired in manhattan in th
the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. septic disasters are disgusting and costly, but avoidable. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. >> eliot: the new york city area has been devastated with dozens of deaths and property damage. many are still without power...
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247
Nov 1, 2012
11/12
by
CURRENT
tv
eye 247
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it's the essence of our economy and basic life of our city. >> bill this, is erroll. when we hear discussion about this, after the hurricane last year one of the reports came out recommending because there might be more of these storm surges that there be some procedures, some permitting build in so that you don't build stuff that is going to be knocked out when the next storm surge comes on. it set off a fight between the city and the state because the minute you start talking about what is going to be zoned how it's going to be zoned and what private land owners are going to be able to do or not allowed to do. i recall that ended in an impasse. is that conversation still going on. >> it is and it's going to go on with a lot more urgency now. now we're going to really have to reconsider how much priority we put on these safety and structural issues. there have been focus on building structures that are better at resisting flooding. that has happened consistently in coastal areas but i don't think there has been the sense of what is coastal could mean blocks inland. a
it's the essence of our economy and basic life of our city. >> bill this, is erroll. when we hear discussion about this, after the hurricane last year one of the reports came out recommending because there might be more of these storm surges that there be some procedures, some permitting build in so that you don't build stuff that is going to be knocked out when the next storm surge comes on. it set off a fight between the city and the state because the minute you start talking about what...
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neither campaign expects new figures will do much to chaimpkt race claiming americans views of the economy are fixed by now. california reached 18.2 million registered voters. secretary of state announced 950,000 new voters have signed up since the 2008 presidential election partially because of the new online registration system. number of registered republicans, however, has fallen to just below 30%. >> and a field poll shows support growing for ending california's death penalty. prop 34 may not have the majority it needs to pass. 45% support ending the death enyalt. 38% oppose it. found 17% of the voters remain undecided again just four days before the election. >> chevron says the refunry should be functional again. crews working to repair the unit two months after being damaged by a fire in august. this refunry has seen a sig scant drop since the mayor, rs announced it's earnings dropped 33% but earned $2.69. >> i share. >> still to come at 5:00 a bra heist in palo alto. bras stolen from a store, how it happened. >> looks like people could use a cover up. but there is no cover up here
neither campaign expects new figures will do much to chaimpkt race claiming americans views of the economy are fixed by now. california reached 18.2 million registered voters. secretary of state announced 950,000 new voters have signed up since the 2008 presidential election partially because of the new online registration system. number of registered republicans, however, has fallen to just below 30%. >> and a field poll shows support growing for ending california's death penalty. prop...
SFGTV2: San Francisco Government Television
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Oct 29, 2012
10/12
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SFGTV2
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man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and individuals, they have to go elsewhere. and when they go elsewhere, jobs go elsewhere. your entire economy begins to suffer with the lack of clean water. narrator: while the water infrastructure provides for our health, safety, and economy, a growing concern is that the value society derives from water has not traditionally been reflected in the price we pay for water. man: when you take a look at how much people pay for water, as a percentage of median household income, it's usually less than 1%. and when you compare that to how much we pay for electric
man: infrastructure is vital to the american economy. water, after all, is an essential ingredient in hundreds of thousands of everyday products. narrator: agriculture and industry use roughly 80% of the water consumed in the united states. water is the basis for manufacturing many goods and provides the ability to clean and sterilize everything from computer chips to the surgical instruments used in hospitals. kelly: the minute that there's not enough water for businesses, industry, and...
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Nov 2, 2012
11/12
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CNBC
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you've got uncertainty about the broad economy. i can't imagine, ron that, this 100-point selloff in the dow industrials is because people want more economic stimulus and more qe. disappointment over maybe the jobs numbers show the economy is not in need enough of more qe. we've had so much stimulus out there. >> yeah, i think anybody who's been trained on what the fed has to say knows that one month, particularly 170,000 jobs, is not going to change fed policy. stan jonas, a friend of mine who's an independent trader, did some back of the napkin math. at 170 jobs per month t will take like the end of 2014 to get the unemployment rate down to 7%. then the fed starts to unwind, rather than middle 2015. that's some of the chatter going on. i don't think it's that meaningful. i don't think a 100-point drop in the dow is all that meaningful given we're approaching the election and have a nor'easter coming to new york. >> i just want to add to what ron said. the fed has spoken. it's been clear about what it's going to do and how long it
you've got uncertainty about the broad economy. i can't imagine, ron that, this 100-point selloff in the dow industrials is because people want more economic stimulus and more qe. disappointment over maybe the jobs numbers show the economy is not in need enough of more qe. we've had so much stimulus out there. >> yeah, i think anybody who's been trained on what the fed has to say knows that one month, particularly 170,000 jobs, is not going to change fed policy. stan jonas, a friend of...
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Oct 27, 2012
10/12
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FBC
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eye 63
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we are already at 12 percent below whe this economy should be. it would take us six years at 5 percent growth to get back to that. we need to get going in a new direction in terms of economic structure. gerri: thank you for coming on. it's always a pleasure to talk to you. comebacks in. >> a pleasure to be with ou. thank you for havng me. gerri: another one of his points, the president has a knack for picking losers when it comes to grain companies. you know the list. solyndra, begin. another part of the program green stimulus plan is the job training program. today according to a new internal audit that too is a loser. the energy department inspector general says the program was training workers who already had jobs and failed to place them in jobs after the trading was over. in fact, only 38 prcent of those who went through the program got jobs, and 6 rcent of those people kept the job for more than six -- six months. imagine that. 52 percent were already working in the energy sector and did not need training to begin with. this training progra
we are already at 12 percent below whe this economy should be. it would take us six years at 5 percent growth to get back to that. we need to get going in a new direction in terms of economic structure. gerri: thank you for coming on. it's always a pleasure to talk to you. comebacks in. >> a pleasure to be with ou. thank you for havng me. gerri: another one of his points, the president has a knack for picking losers when it comes to grain companies. you know the list. solyndra, begin....
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Oct 30, 2012
10/12
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CNBC
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tomorrow, that is the measure of output that is in the economy. the devastation of infrastructure in a city like new york city that has never seen this kind of devastation and the cost of that as well. not only of rebuilding but the lost cost of tourism and other things. opportunity costs not being able to get into the city because of amtrack and the airport being closed down. and all of those things what else would you have spent that $1 billion on? right now, you can think maybe we need to start thinking of the intrastructure of wall street in that area. an t what do you watch at this point? >> how quickly you get the power back on. i know you got the weather center on. >> well, you talk about idle people, that takes away from the nation's gdp. >> all right we are getting word that the death toll has climbed to 44. long island almost one million without power. many in the entertainment and political world have property there. >> long island one of the hardest hit areas. this building behind me used to be a bar and restaurant. it is completely de
tomorrow, that is the measure of output that is in the economy. the devastation of infrastructure in a city like new york city that has never seen this kind of devastation and the cost of that as well. not only of rebuilding but the lost cost of tourism and other things. opportunity costs not being able to get into the city because of amtrack and the airport being closed down. and all of those things what else would you have spent that $1 billion on? right now, you can think maybe we need to...
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. lou: the final jobs report before the presidential election showing little progress made during the president's first term. we will take that up with former congressional budget office director, douglas holds a can in just moments. in that the moneyline, the economy created 171,000 at jobs last month, good, but not good enough. the unemployment rate rising. concern on wall street about economic growth coupled with anxiety about an election that is now four days away, pushg stock prices lower on the day, the dow down 139 points, nasdaq down 38, s&p ost 13. a broad based sell-off, declining stocks,eading advancers by about 2-1. volume slightly heavier than average. a storm-shortened week of trading as well. markets closing monday and tuesday. markets ending the week virtually flat with the dow d
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. lou: the final jobs report before the presidential election showing little progress made during the president's first term. we will take that up with former congressional budget office director, douglas holds a can in just moments....
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it is are fred in its own economy. i make the distinction the economy of regime, the capacity to sustain the long term survival the regime on one hand while the middle class, lower class economy of the country is going down. their bet is this. their bet is if they can deploy the cash and invest with people in turkey and as you were mentioning in dubai, those will be protectors and defenders of iranian economy. at the end of the day they want to see at one point, the united states, this administration, next administration say we'll stop the sanctions. let's go to negotiations. everything they lost they could bring it back if they survive the sanctions. melissa: at the end of the y will they end up with nuclear weapon no matter what happens here? >> look if we don't change the policy, look this policy has not stopped them. or we have to partner with the iranian public to topple the regime. there are no third options. unfortunately the obama administration has chosen to wait. if we wait too long they may get the weapon in
it is are fred in its own economy. i make the distinction the economy of regime, the capacity to sustain the long term survival the regime on one hand while the middle class, lower class economy of the country is going down. their bet is this. their bet is if they can deploy the cash and invest with people in turkey and as you were mentioning in dubai, those will be protectors and defenders of iranian economy. at the end of the day they want to see at one point, the united states, this...
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Nov 4, 2012
11/12
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FOXNEWSW
tv
eye 226
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the new york city economy is not functioning nor are is the broader area. people aren't earning a living. lost income. we are really talking about quite a big toll right now. we are probably talking aboutto something, you know, close to b $70 billion, $80 billion. not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however, look at where it hit. right smack into the financiala center. i'm a native new yorker and well familiar with long beach and rockaway beach, long island, the shoreline of newey jersey, spending summers there. and those places are vulnerablu to this kind of storm and they are not really built for it so we are seeing communities come fleetly devastated and it will be a long process of rebuilding. >> geraldo: is there an economic stimulus impact from, that activity, the rebuilding? >> absolutely. it is kind of paradoxical. although we are are poorer because we lost all thisst property
the new york city economy is not functioning nor are is the broader area. people aren't earning a living. lost income. we are really talking about quite a big toll right now. we are probably talking aboutto something, you know, close to b $70 billion, $80 billion. not as big ats katrina but getting in that league. >> geraldo: so if it is in that range, professor, you areprof suggesting this is one of the most expensive storms inms american history? >> yeah. biggest.t the however,...
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the ation's economy, it is all but stagnant. this has governor romney running l as the candidate of change. >> accomplishing change is not just something i talked about. it is something actually done, and we need to have someone in the white house who cannot just talk about it, but do it. lou: the most recent poll of ohio mirrors those tight national polls. rasmussen reports showing governor romney tied with president obama at 49%. nationally the dead heat can be seen across a white canvas of polls. the real clear politics bulbuls has the two men separated tonight by a mere tenth of a percenge point to. the rasmussen reports daily tracking poll has the race at 48%. the abc ashington post tracking poll shows the governor taking a one point lead after trailing b one yesterday. those of the two most recent national polls. and while the polls are tight, they are not always accurate or indicative of the of come. either candidate could win this election by a sizable margin, if you considea sizable margin to be two or 3 percent, perhap
the ation's economy, it is all but stagnant. this has governor romney running l as the candidate of change. >> accomplishing change is not just something i talked about. it is something actually done, and we need to have someone in the white house who cannot just talk about it, but do it. lou: the most recent poll of ohio mirrors those tight national polls. rasmussen reports showing governor romney tied with president obama at 49%. nationally the dead heat can be seen across a white...
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212
Nov 1, 2012
11/12
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CNBC
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eye 212
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it is the opposite, the total opposite of free market economi economics. and one of the functions of the utility is to provide shareholders with a decent rate of return which means you can make the infrastructure changes that you can't. you're a victim of government al control. it's the exact opposite of free market economics. >> it's a balance. no question about it. regulators are very sympathetic to utilities needs to enhance the infrastructure, but they have citizens breathing down their neck or want the rates cut or reduced. >> why didn't the markets set the rates? that's what i'm really asking. >> you can't do that with this asset. the thing that gets the juice from the generator on the customer, you can't have duplicate systems. and you would need duplicate systems if you really want that had kind of competition that you just inferred. >> that's what the distribution, but what about the purchase of the power itself. there are ways to deregulate this industry that would present who are competition, isn't there? >> no n. moin most cases there open mark
it is the opposite, the total opposite of free market economi economics. and one of the functions of the utility is to provide shareholders with a decent rate of return which means you can make the infrastructure changes that you can't. you're a victim of government al control. it's the exact opposite of free market economics. >> it's a balance. no question about it. regulators are very sympathetic to utilities needs to enhance the infrastructure, but they have citizens breathing down...
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Oct 28, 2012
10/12
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CSPAN2
tv
eye 117
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york city displaced philadelphia as the nation's largest and was taking control of the young american economy. in fields, drawing room, and counting houses across the atlantic, the words new york" were equivalent for opportunity. yet, until this fall morning, new york was no more assured of becoming the empire state than was virginia, pennsylvania, or even ohio, south carolina, or illinois. nor was the nation assured of becoming the global empyre it remains. in 1825, the united states were still plural and few, not a singular nation state, but sovereign states with a constitutionally limited federal government. as late as 1855 walt whitman proclaimed, quote, "the united states with vaining full of poetical stuff," and lincoln declared they changed the grammar and perception in the 1860s. in 1825, the sea to shining sea continental nation, a patriotic song, still a dream. the land was vast, and control of it was limited. the louisiana territory was purchased two decades earlier, but remained unorganized. mexico's north stretch from the sabine river on the gulf of mexico to the 42nd parallel on
york city displaced philadelphia as the nation's largest and was taking control of the young american economy. in fields, drawing room, and counting houses across the atlantic, the words new york" were equivalent for opportunity. yet, until this fall morning, new york was no more assured of becoming the empire state than was virginia, pennsylvania, or even ohio, south carolina, or illinois. nor was the nation assured of becoming the global empyre it remains. in 1825, the united states were...
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217
Nov 4, 2012
11/12
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FOXNEWS
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eye 217
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i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these folks are not republicans and democrats, not government employee, not first responders. they're americans and i thank you. i thank them and i thank you all for watching. thank you for caring. i'm geraldo, good night captioned by closed captioning services inc. where others fail, droid powers through. introducing the new droid razr maxx hd by motorola. now more than ever droid does.
i it's not say we should knock down buildings in a hurricane to stimulate the economy. there are more constructive ways, but that will happen over the next two years. >> so as new york rebuilds, as new jersey rebuilds, perhaps a meager silver lining, dr., thank you very much. ladies and gentlemen, that's all we have time for on this cold and mel mel mel lan kole -- meln collie but in a way inspiring night. the compassion and commitment of the volunteers should warm every heart. these...
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Oct 30, 2012
10/12
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CNBC
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small part of the economy. when exports slow, clearly that will feed through. having said that, the u.s. and china do seem to have bottomed out. >>. >> dan, thanks very much for joining us. and speaking of hurricane sandy, a levee break in new jersey is prompting rescue operations for new jersey. so the fallout continues. >>> still to come, more on the super storm sandy as it sweeps across the eastern u.s. >>> welcome back. these are the headlines today from around the globe. sandy roaring ashore, powerful storm dumps a ton of rain on theest east coast, knocks out power to millions and floods parts of lower manhattan. >> and shares of bp rising, hiking its dividend by more than 12%. >> and ubs will cut 10,000 jobs an weaned down it fixed income business. deutsche bank sees revenues boosted by debt trading. >> we hope you survived the night safely. >> and we're starting to get more of a sense of how damaging sandy has been. while hurricane sandy may not be a hurricane by name, it's still having a major impact. t
small part of the economy. when exports slow, clearly that will feed through. having said that, the u.s. and china do seem to have bottomed out. >>. >> dan, thanks very much for joining us. and speaking of hurricane sandy, a levee break in new jersey is prompting rescue operations for new jersey. so the fallout continues. >>> still to come, more on the super storm sandy as it sweeps across the eastern u.s. >>> welcome back. these are the headlines today from around...
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36
Nov 2, 2012
11/12
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CNBC
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we're vital to the economy. we employ close to 300 people. >> reporter: cranston's using diesel generators to keep equipment running for now. he sends one worker about an hour away to pennsylvania every day to get gasoline supplies for that person and some other employees. they ration it amongst themselves. based on what i'm hearing, it's the way businesses and some residences are going to have to operate for another week or two to come. a recent goldman sachs note says the expected demand is only about 2 million barrels a day whereas the supply shortfall comes to about 7 million barrels. that means we're missing 5 million barrels to curb the mass tr transit that are forcing people into cars. as you've been reporting all day, these cars are increasingly running on fumes. >> yeah, fumes if you're lucky. kate kelly, thank you very much. stay warm. we know it's getting cold out there. let's bring in dan dicker, president of merck block as well as a cnbc contributor. it's ugly out there. >> oh, it is. especially at
we're vital to the economy. we employ close to 300 people. >> reporter: cranston's using diesel generators to keep equipment running for now. he sends one worker about an hour away to pennsylvania every day to get gasoline supplies for that person and some other employees. they ration it amongst themselves. based on what i'm hearing, it's the way businesses and some residences are going to have to operate for another week or two to come. a recent goldman sachs note says the expected...
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Nov 3, 2012
11/12
by
KBCW
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eye 152
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fuel economy for the hyundai elantra is reduced by one mile per gallon. hyundai sonata and the optima are not involved. the kia's general manager is still confident that the quality of all kia vehicles speak for itself. >> very good driving machine that competes against any other foreign vehicle. and the prices compared to them as well and the warranties are over the top. >> reporter: the car manufacturers are definitely making good. they say to make up the problems, they are issuing these debit cards. the average price of gasoline now and plus an additional 15% that they will throw in. bring your car to a dealership and they will give you the debit card. that's the latest here, cbs 5. >>> the southern california grandmother, almost missed her chance to cash in on a multi- million dollar lottery ticket. cbs 5 reporter, sharon chin, explains how this woman finally realized she was sitting on a gold mine and just in the nick of time. >> reporter: with tears in her eyes, julie arrived at the lottery office with her family to claim her $23 million super lotto
fuel economy for the hyundai elantra is reduced by one mile per gallon. hyundai sonata and the optima are not involved. the kia's general manager is still confident that the quality of all kia vehicles speak for itself. >> very good driving machine that competes against any other foreign vehicle. and the prices compared to them as well and the warranties are over the top. >> reporter: the car manufacturers are definitely making good. they say to make up the problems, they are...
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Nov 2, 2012
11/12
by
CNNW
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eye 129
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that is not what you are going to get out of the economy that we came out of. so general ly speaking, this is advantage obama, because he has had job growth since he has come into office with the exception of a few months, but, you know, if i were working for the romney came pain, i would say, really? 7.9% unemployment, and job growth that is not anywhere close to what you are saying it is going to be over the next four years and why should we listen to you about that when you have not done it in this period of time. and then the issue of quality of jobs. president obama can say that he has replaced and more every single job that was lost on his watch, because of a recession that he didn't recreate, but presidential candidate romney says, it is not enough. these are not great quality jobs. so i said earlier today that the revisions to august and september and then the new number for october, 171,000, it is in the vicinity of good job creation. plus 200,000 a month would be good job creation. in august we got 192, and then in september down to 171, and that is i
that is not what you are going to get out of the economy that we came out of. so general ly speaking, this is advantage obama, because he has had job growth since he has come into office with the exception of a few months, but, you know, if i were working for the romney came pain, i would say, really? 7.9% unemployment, and job growth that is not anywhere close to what you are saying it is going to be over the next four years and why should we listen to you about that when you have not done it...
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Oct 28, 2012
10/12
by
CNN
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the des moines register has chosen romney because they say it's all about the economy. it marks the first time in 40 years that the newspaper has backed a republican and the presidential general election. meanwhile, president obama has added the "new york times" to his endorsement column, the editorial page listed obama's achievement like saving the auto industry and health care reform as reasons for the endorsement. it he has not backed a republican since dwight eisenhower. >> ohio considered quite the price that could win either condition dat at the house. >> obama is scheduled to leave washington, he's not scheduled to leave washington today in fact he's staying close to the white house because of this storm. >> in newest poll in the state of ohio says mitt romney may have condition to be concerned. as we have said, it's a close rate there, we have asked likely voters who their choice is for president. barack obama has a 50%, a 46% margin over mitt romney -- they both have spent several days in the buckeye state and have more on the calendar. >>> critical information
the des moines register has chosen romney because they say it's all about the economy. it marks the first time in 40 years that the newspaper has backed a republican and the presidential general election. meanwhile, president obama has added the "new york times" to his endorsement column, the editorial page listed obama's achievement like saving the auto industry and health care reform as reasons for the endorsement. it he has not backed a republican since dwight eisenhower. >>...
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Nov 3, 2012
11/12
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CNNW
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eye 144
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social net as a percentage of the economies. europe's economy is in recession. the u.s. is still growing. maybe that's proof that our cut-throat version of capitalism works despite the social costs. >> one of the reasons the american economy is now growing is the government has done substantial stimulus spending whereas one of the reasons that europe is in such bad shape is that they have actually been cutting government spending from their former baseline, so, in fact, in the past couple of years, the trends have been -- have been opposite what they have been for 30 years. the europeans have been much more austere, you know, countries like britain cutting government spending whereas in the united states there was a big effort, which is now sort of like dwindling, but there was initially a very big stimulus effort. >> just 30 seconds left, the fundamental issue here is americans want the benefits of big government, medicare, social security, jobless checks when they need it, loans to buy a house, loans to go to college, but they also want small government, and that small
social net as a percentage of the economies. europe's economy is in recession. the u.s. is still growing. maybe that's proof that our cut-throat version of capitalism works despite the social costs. >> one of the reasons the american economy is now growing is the government has done substantial stimulus spending whereas one of the reasons that europe is in such bad shape is that they have actually been cutting government spending from their former baseline, so, in fact, in the past couple...
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Nov 1, 2012
11/12
by
FOXNEWS
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eye 175
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we actually have a plan to get this economy going. [cheers and applause] we're going to put it in place to help the american people. [cheers and applause] you see, i fundamentally, i fundamentally believe in the american people. i believe in america. i believe that america's going to come roaring back if we do what we've done from the very beginning of the country which is to unleash the freedom and the freedoms of the american people and let them pursue their dreams. and so my plan is based on five key steps to get this economy going. and you know what they are. number one, take full advantage of our oil, our coal, our gas, our nuclear and our renewables. [cheers and applause] this is, this is kind of our economy's ace in the hole right now because some have discovered not just how to drill into the earth vertically, but then how to go horizontally and tap into pockets of oil and gas, so we have a lot more of it than we thought we had. and by virtue of that technology, we can have north american energy independence within eight years
we actually have a plan to get this economy going. [cheers and applause] we're going to put it in place to help the american people. [cheers and applause] you see, i fundamentally, i fundamentally believe in the american people. i believe in america. i believe that america's going to come roaring back if we do what we've done from the very beginning of the country which is to unleash the freedom and the freedoms of the american people and let them pursue their dreams. and so my plan is based on...
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Oct 30, 2012
10/12
by
KNTV
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eye 342
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call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so jill's dentist introduced her to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. >>> to our viewers out west who probably think on an average day we cover new york city too much, because it is our back yard. tonight, i want to read you a statement. all new york city residents are being told to go inside immediately and remain indoors until further notice. 911 has been swamped. they are pulling the cabs in from the new york city streets. the city is absolutely desolate, and now, by order. there is this drama unfolding, on 57th street, in mid-town manhattan, underne
call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so jill's dentist introduced her to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for...
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147
Nov 3, 2012
11/12
by
FOXNEWSW
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eye 147
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this is pathetic. 1.2% growth, 2% growth for our economy our size. the president of the united states promised us growth two or three times this and told us if he didn't get it he wasn't going to run for are reelection. based on his own analysis of himself this has been a failure. this is an anemic recovery with policies holding back the ability of this economy to really recover. is why i so strongly support mitt romney. the policies he has put into effect will allow our now recover. it is trying to recover and the policies are barack obama are holding back be that recovery. >> the controversy of governor chris christie. some said he should redeclare his support for governor romney prior to tuesday. do you think that is important? would you like to see that? >> no, i know who chris supports. he supports mitt romney. i understand what happens when the president came there. the reality is the president did in the first couple of days of hurricane sandy the president did keep his eye on the ball and did h help, new jersey, and new york and elsewhere. la
this is pathetic. 1.2% growth, 2% growth for our economy our size. the president of the united states promised us growth two or three times this and told us if he didn't get it he wasn't going to run for are reelection. based on his own analysis of himself this has been a failure. this is an anemic recovery with policies holding back the ability of this economy to really recover. is why i so strongly support mitt romney. the policies he has put into effect will allow our now recover. it is...
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monitor what he's saying about the economy. help support for the red cross to deal with the aftereffects. we weren't trading for couple of days. it finally resumed today. it was bumpy. mayor bloomberg was there. euro next it was a bumpy affair, but they get through it. did they really need to go through all of this? as you know, we have questions. this global capitol, the markets were sidelined for a bad storm, but a storm. weill talk tough mark manson about that. what do you think of that? is to look good. shut down. just quieted in the middle of the storm for today's. >> i think it was actually the right thing to do. these market makers and traders make their money when there is action going back and forth. this showed tremendous restraint secondly, the average investor needs to be looking to income of 20 years down the road with building their portfolio. given any today time friend, this not calling to be a deal breaker. certainly i think that as far as having to respect, i think we will lose more respect by having massive d
monitor what he's saying about the economy. help support for the red cross to deal with the aftereffects. we weren't trading for couple of days. it finally resumed today. it was bumpy. mayor bloomberg was there. euro next it was a bumpy affair, but they get through it. did they really need to go through all of this? as you know, we have questions. this global capitol, the markets were sidelined for a bad storm, but a storm. weill talk tough mark manson about that. what do you think of that? is...
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Nov 2, 2012
11/12
by
KPIX
tv
eye 123
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these are people who said they voted for him in 2008, for whom, while they're pro-choice, the economy message that the romney campaign has put out, which means different things to different people, has found some resonance. >> tomorrow, the last unemployment report before the election comes out. he does not believe it will change anyone's mind unless the numbers are hugely different from last week. right now the unemployment rate is 7.8%. >>> a neighborhood in the east bay hills is on the lookout for a deer that someone apparently tried to kill. people in and around campus drive in berkeley hills tell cbs 5 reporter elizabeth cook that the doe is moving slowly and in obvious pain. >> reporter: if you live in many parts of the bay area, you have to learn to live with your neighbors. >> we see them every day. they come usually and eat up all the plants. >> reporter: she noticed something was wrong with the deer in the backyard of her home. >> i felt sick at the thought someone would do that. >> reporter: the doe had an arrow on its side. and next to her, a fawn. young contacted fish and
these are people who said they voted for him in 2008, for whom, while they're pro-choice, the economy message that the romney campaign has put out, which means different things to different people, has found some resonance. >> tomorrow, the last unemployment report before the election comes out. he does not believe it will change anyone's mind unless the numbers are hugely different from last week. right now the unemployment rate is 7.8%. >>> a neighborhood in the east bay hills...